Thousands of Alberta seniors to lose income supplement as province faces rising provincial deficit - News Summed Up

Thousands of Alberta seniors to lose income supplement as province faces rising provincial deficit


Alberta is tightening eligibility requirements for provincial seniors' benefits and tax credits for caregivers as it faces a $9.4-billion budget deficit. Provincial officials did not respond when asked how many seniors will lose provincial benefits, which are worth up to $328 a month. Cuts to tax credit for Alberta caregiversAnother change that will affect seniors is the Alberta caregivers tax credit. Provincial officials say 35,000 people are currently getting this tax credit, which is worth roughly $1,000 as a non-refundable credit. She says in their studies, about half of Alberta caregivers are experiencing some kind of financial distress.


Source: CBC News March 03, 2026 19:58 UTC



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